New York-based Sumitomo Corp. of Americas (SCOA) has announced it has made a minority investment in metal additive manufacturer Sintavia LLC, Davie, Fla. According to the companies, the investment is intended to leverage SCOA’s network in the global aerospace and oil/gas industries while accelerating Sintavia’s stated growth plans throughout the world.
SCOA will seek industry-specific business development opportunities with Sintavia for its wholly owned subsidiary Howco, which provides steel alloys, turnkey machined, and assembled components for upstream segments of the oil and gas sector.
